UPM (UPM.HE, UPM FH)

  • 18798.2
  • 533.7
  • 98.3
  • UPM

    Closing Price (c): 3522.0

  • RATING 03/04/23

  • PREVIOUS RATING

Company Profile

UPM is Europe's largest graphic paper producer, using cash from its mature paper business to fund 'Spearheads for Growth' organic expansion in pulp, bio-chemicals and biofuels. UPM aims to (1) finance organic 'Spearheads for Growth' projects, (2) pay appealing dividends (50%+ EPS) and (3) maintain modest leverage (<2x net debt/EBITDA).


Major Shareholders%
The Vanguard Group, Inc.3.6
Norges Bank Investment Management2.6
FIL Investments International2.2
Canada Pen. Plan Investment Board2.2
Janus Henderson Investors UK Ltd.2.2